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Business, 01.06.2021 22:20 mashedpotatoes28

Suppose a technological improvement increases the productivity of a firm's capital and, simultaneously, its workers' union negotiates a wage increase. We can predict that Group of answer choices the firm will use relatively more capital and relatively less labor. the firm will use relatively more labor and relatively less capital. inputs of capital and labor will be unchanged.

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Suppose a technological improvement increases the productivity of a firm's capital and, simultaneous...
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